NewEnergyNews: SMART MONEY ON THE SMART GRID/

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YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
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    email: herman@NewEnergyNews.net

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  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Friday, August 14, 2009

    SMART MONEY ON THE SMART GRID

    Smart Grid Requires New Profit Motives
    John Gartner, August 11, 2009 (Matter Network via Reuters)

    "It is understandable why some utilities might be hesitant to embrace smart grid technology. It's expensive (…upwards of $400 billion) and at the same time will reduce their ability to sell their core product (energy).

    "Getting the utilities and regulatory agencies on board requires ample amounts of carrots (financial incentives) and sticks (limiting carbon emissions), according to energy efficiency experts Portland Energy Conservation Inc (PECI)."


    click to enlarge

    "PECI's new report Wiring the Smart Grid for Energy Efficiency goes into deeply depressing detail about the many formidable challenges to implementing the smart grid. Among the toughest to tackle are that buildings ill-equipped to participate in demand response systems, and the near total lack of interoperability today between grid equipment and building energy management tools. There's also a lack of university and professional training programs to fill the gaping hole in HVAC engineers who can maximize energy efficiency programs."

    click to enlarge

    "But all is not lost, because the potential energy savings will motivate building owners to embrace smart grid technologies. PECI cites a DOE study which says that up to 20 percent of HVAC energy is wasted because of inefficiency, which should be enough to get many building operators' attention. Rockwell Automation says industrial customers could save $6 billion per year, or about 10 percent of their annual cost by implementing smart grid.

    "PECI makes two policy recommendations to enable the smart grid to flourish…[1] Smart grid policy should have specific linkages to carbon reduction goals…It only makes sense to coordinate energy efficiency through smart grid with emissions reductions…[2] Government funding for smart grid should be linked to state adoption of decoupling and other incentives structures…[M]ore controversial since getting congress to act on something that benefits less than half (23) of the states would be nearly politically impossible…"

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